Drone Tariffs, Section 301 Probe Nears Decision, and White House Targets Transshipment
Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
Alibaba to Purchase 50 Percent Stake in Guangzhou Soccer Team
Ecommerce giant Alibaba Group recently agreed to purchase a 50 percent stake in a popular Chinese soccer team. The deal, worth ¥1.2 billion ($192 million), was announced Thursday at a news conference in Guangzhou. The club, Guangzhou Evergrande F.C., owned by the Evergrande Real Estate Group, is one of the most popular teams in China […]
China Business Review (Archive Only)
Christina Nelson
By Christina Nelson Rapidly increasing wages, high demand for qualified workers, and high turnover rates have made recruiting and retaining talent one of the top challenges multinational companies face in China year after year. But there’s another issue making employee recruitment and retention even more difficult: China’s air pollution. Julian Ha, a partner at executive […]
China Business Review (Archive Only)
Christina Nelson
Managing the Challenges of Food and Agribusiness Investment in China
By Bing Ho, Grace Tso and Zhenyu Wang [box] Editor’s Note: This is the first in a series of articles on China’s food and agribusiness sector by Baker & McKenzie. Future articles will cover the following topics as they relate to food and agribusiness: the regulatory landscape, brand protection, taxation, trade and distribution, labor and employment […]
China Business Review (Archive Only)
Christina Nelson
Organizers: Beijing Marine Guoxuan Convention & Exhibition Co., Ltd; Chinese Health Pictorial; Jiangsu Fenghai New Energy and Desalination Development Co., Ltd.; and Yancheng Sugang Science and Technology Development Co., Ltd. Location: Dafeng Marine World Expo Center, Dafeng Port Economic Development Zone, Yancheng City, Jiangsu, China Date: June 8, 2014-June 15, 2014 Web: http://www.oceanol.com/zhanhui Contact: Wang Yao Email: […]
China Business Review (Archive Only)
Christina Nelson
By Randy Wang In a period that’s been characterized by rapid innovation in China’s high technology sector, Alibaba’s IPO—potentially one of the largest public offerings of all time—has been one of the most widely-anticipated events of the year. The IPO is expected to raise $20 billion, making it bigger than Facebook’s $16 billion IPO and […]
China Business Review (Archive Only)
Christina Nelson
Sinopec, Weatherford Team Up to Tap China’s Shale Reserves
China’s Sinopec Group has agreed to form a joint venture oilfield services company with Weatherford International to tap into China’s potentially vast shale gas resources. The new entity will combine Weatherford’s technological capabilities with Sinopec’s expansion potential in China, where a complex natural landscape, large population, and chronic water shortages have posed significant challenges to […]
China Business Review (Archive Only)
Catherine Matacic
Alibaba to Purchase 10 Percent Stake in Singapore Post for $249 Million
Alibaba Group Holding Ltd. has agreed to pay $249 million for a 10.4 percent stake in Singapore Post Ltd., also known as SingPost, in a deal that could expand Alibaba’s logistics business to new markets overseas, according to a statement released by SingPost. SingPost, Singapore’s national postal system, and Alibaba are also planning on forming […]
China Business Review (Archive Only)
Catherine Matacic
Increased use of the Antimonopoly Law in the pharmaceutical and medical device sectors reflects China’s desire to drive down prices on essential goods. By Benjamin Shobert and Damjan P. DeNoble Nearly 60 pharmaceutical manufacturers—both domestic and foreign owned—were subjected to Antimonopoly Law (AML) probes in 2013. Many analysts believe these events should be understood largely, […]
China Business Review (Archive Only)
Christina Nelson